At PMI, we believe there are four things that are extremely important when partnering with a property management company –– effective communication skills, integrity and honesty, accurate accounting, and availability of management. Each of these... (Read More)
Have you been mulling over the idea of allowing tenants to pay their rent online? If so, take the time to read this blog. In it, we discuss several benefits of online rental payments.
1. It helps you stay competitive
In this day and age, many... (Read More)
As you know, one of the top responsibilities that landlords have is dealing with property maintenance. Even if your property is in tip-top shape when you buy it, you'll need to do some things to keep your property maintained, and eventually, there... (Read More)
Rental income is your revenue. It's what keeps your venture afloat. But how do you choose the right rental rate and what avenue do you use to accept monthly payments? As a landlord, it's important to consider both of these aspects to ensure that... (Read More)
If you're a landlord, then you know how busy things can get. It takes time to find new tenants, market properties, meet urgent needs, and the list goes on.
Landlords with multiple properties can quickly become inundated with work. However, it's... (Read More)
You want your tenants to be happy because happy tenants are more inclined to renew their leases. They're also more motivated to keep your property in good condition. When combined, these factors can improve your relationship for the better.
There... (Read More)
One of the nice things about renting a property is that the majority of maintenance issues can be handled by someone else. You typically won't need to hire a vendor to come in and handle issues that pop up.
This can be a tremendous relief for... (Read More)
If you’re hiring for help in your leasing office, one simple question can make the difference between hiring a rockstar or a dud. “Do you talk to strangers?” Ask the prospective employee about a conversation with a stranger. It’s a good... (Read More)
When a tenant is looking around for an apartment, they will try to find a property that fits their needs. One of the ways they do this is by trying to picture themselves in the property and what it might look like furnished. If you're renting an... (Read More)
As a residential landlord, it's important to regularly invest in renovations. The right renovations can entice tenants to rent and increase the value of the rental. However, if too much money is spent during renovations, you may end up losing money... (Read More)